• Journal of the Korean Geographical Society
• /
• v.35 no.5
• /
• pp.717-729
• /
• 2000

Housing prices in the Korean housing market dropped at an unprecedented magnitude in 1998 after the economic crisis. With the support of housing policies to boost depressed housing markets, house prices managed to bounce back after the mid-1999. During the period of housing price decline and of its recovery, the degrees of house price changes were not even across the country. The cities could be classified into four groups regarding the differential rates of house price changes. The cities which had higher rates of decrease also had higher rates of increase. On the other hand, some other cities continuously experienced a price fall during the recovery period although the rate of housing price changes were relatively low after the economic crisis. Throught the processes of administering housing market depression due to the crisis of the economy, the cities which could fully redeem the level of house prices in housing markets between the Seoul Metropolitan area and the other parts of the country has been widened.

• KDI Journal of Economic Policy
• /
• v.19 no.1
• /
• pp.51-104
• /
• 1997

최근의 고금리논쟁과 자본시장개방에 대응한 정책방안을 둘러싼 많은 논의의 핵심은 우리나라의 제반 거시경제여건을 반영하는 장기적 의미에서의 균형금리수준이 어느 정도인가에 대한 것이다. 장기적인 관점에서 볼 때 한 나라의 금리수준은 그 나라의 거시경제여건을 반영하는 균형금리의 추세를 반영하기 마련이며, 이러한 균형금리수준을 왜곡하는 정책 및 규제는 경제의 불안정성을 야기할 뿐, 민간부문의 규제회피노력 등으로 결국은 무력화될 소지가 높기 때문이다. 본 연구의 목적은 우리나라 금리변동의 요인 및 특성에 대해 세밀히 살펴보고, 국내외 실질금리격차의 실증분석을 통하여 그 구조적 원인을 파악하여 보며, OECD 국제비교분석을 통하여 현재 우리나라의 균형금리수준을 가늠하여 봄으로써, 향후 본격적인 자본시장개방에 대응한 통화금융정책의 모색에 하나의 지표를 제시하여 보려는데 있다. 본고의 연구분석결과에 의하면 우리나라의 명목금리는 실질경제성장률 외에도 기대인플레이션 및 경상수지적자와 밀접한 관계가 있으며, 해외금리 및 예상환율절하율도 점차 주요한 금리의 설명변수로서 나타나고 있다. 엄밀한 의미에서의 피셔효과는 기각되나 기대인플레이션이 명목 및 실질금리의 가장 주요한 변동요인으로 나타나 물가안정을 통한 인플레이션 기대심리의 불식이 향후 금리안정의 관건으로 분석되었다. 특히 통화공급의 유동성효과는 단기적으로만 나타나며 장기적으로는 오히려 금리상승을 유발하는 것으로 나타나 금리안정을 위해서는 안정적인 통화관리가 중요한 것으로 분석되었다. OECD 국제비교분석을 통하여 추정해 본 결과 우리나라의 1997년 균형금리수준은 회사채수익률 기준 약 11%대로 나타나 소폭의 금리하락 가능성이 있으나 지속적인 경상수지의 불균형 등 금리하락여건은 여의치 않은 것으로 보인다. 이미 자본시장개방이 진전된 OECD 국가들의 실증분석에서도 나타나듯이 금리의 하향안정화는 거시경제의 안정과 금융의 효율성 제고가 동시에 이루어져야만 가능한 것이다. 그러므로 향후 금리정책은 금리의 가격기능을 조속히 회복시켜 자원배분의 효율성을 극대화할 수 있는 시장메커니즘을 활성화하는 방향으로 추진되어야 할 것이다.

• Korean Journal of Social Welfare
• /
• v.65 no.3
• /
• pp.183-206
• /
• 2013

Using Korean Labor and Income Panel Study (wave 1~11) database, this study analyzed the poverty duration of the poor as a whole and by households' characteristics. For this purpose, I first estimated poverty exit rates and reentry rates applying discrete-time hazard model to the sample, and then calculated poverty duration combining these two probability rates. The results show that about a half of poor households are transitory (short-term) poor with 1~2 years of poverty duration. A quarter is chronic (long-term) poor lasting for 5 or more years of poverty duration. The remained quarter can be categorized as the recurrent or mid-term poor. The socioeconomic characteristics of households greatly affect poverty duration. Long-term poverty is prevalent among female-head households, elderly households, single households, or households headed by a person with a lower level of education. If households' heads do not work, or work as temporary or daily-employed workers, the poverty duration tends to be longer. The findings suggest that the poor consist of various social classes with different characteristics. Efficient anti-poverty policy should be based on thoroughly identifying the specific characteristics and needs of each class.

• Proceedings of the Korean Institute Of Construction Engineering and Management
• /
• 2006.11a
• /
• pp.665-668
• /
• 2006

After foreign exchange trouble, Korean government became effective an economy-invigorating policy that to raise the housing demand and transaction. In result, the rate economic growth kept up a high growth rate and the market recovered. But an economy-invigorating policy of continuance caused an excessive boom of housing market in the second half of 2001. Therefore Korean government enforced a speculation-restraint policy. But it caused a instability of economics. This study is to analyze the effect between the housing policy and the housing cost and is to apply the basis data of the next housing policy.

• Korean Journal of Social Welfare
• /
• v.35
• /
• pp.179-203
• /
• 1998

Since the end of 1997, the Korean economy has been in deep recession; the unemployment rate has rocketed to 6.7% and the economic growth rate has dropped to -3.8% in the first quarter of 1998. Facing with this mass unemployment, the Korean Government launched comprehensive countermeasures against mass unemployment.. However, these have been in severe criticism from the outset on account of ineffectiveness and impracticability. It is in this regard that this paper purports to design a socially acceptable and financially feasible social safety net by reforming the Livelihood Aid Programme. For this purpose, chapter 3 defines the concept of social safety net, and chapter 4 reviews the social safety net programmes sponsored by World Bank and IMF in the Third World countries and Eastern European countries. Chapter 5 proposes the Three Step Approach in designing the social safety net in Korea.

• Korean Journal of Social Welfare
• /
• v.64 no.4
• /
• pp.337-357
• /
• 2012

This study explores a changing social expenditure structure of welfare states on new social risks, using logistic regression analysis with Panel Corrected Standard Errors Model on panel data of 1997-2007 years from 27 OECD nations. The result of this study presents that social expenditure structures have been adjusted with new social risk structure due to trade openness, female employment rates, and child population rates. Greater trade openness, higher women's employment rates, and lower child population rates are, more social investment expenditures are than income security expenditures. Rates of employment in service industries and elderly population rates are not statistically significant on the change of social expenditure structure. This result does not imply a complete switch from demand-based to supply-based social policy, but somewhat reflects transitions of a social welfare system for changing economic and social environments in order to sustain welfare state economically.

• Journal of the Institute of Convergence Signal Processing
• /
• v.16 no.4
• /
• pp.182-188
• /
• 2015

An analog AVR has an advantage of short time constant, time to revert again from the abnormal state to a stable one depending on the voltage fluctuations of the load. But the Analog AVR has a disadvantage of large voltage variation according to the load fluctuation. Voltage regulation for digital AVR is very stable, but the time constant is very long compared to that of an analog AVR. Therefore, it indicates that the digital AVR shows unstable output performance in a very large load variations. In this paper, a mixed form of an analog AVR and a digital AVR is proposed. An implemented hybrid AVR has fast time constant and stable voltage regulation capability. Hybrid AVR voltage variations in the load is stable within 1[%] and the voltage stability is also improved. It also showed fast time constant to the level of the analog AVR. Thus hybrid AVR developed in this paper can be used as a power supply for a variety of uses in industry.

• Journal of Korea Port Economic Association
• /
• v.25 no.3
• /
• pp.207-228
• /
• 2009

The purpose of this paper is to analyze the concentration effect of Busan container terminal. Productivity and efficiency have played key role to attract more cargo to a port because these are important factors to select liners’ calling port in vessel deployment. It means that productivity directly links with the liners’ vessel operation cost. The main results of this paper are as follows: the port concentration by terminal integration can improve the port's external image with recovering tariff competitiveness and also facilitate economic effect of size through efficient management.

• Proceedings of the Korea Water Resources Association Conference
• /
• 2023.05a
• /
• pp.302-302
• /
• 2023

최근 도시의 왜곡된 물순환 문제를 해결하기 위해서 저영향개발(Low Impact Development, LID) 기법을 적극적으로 도입하고 있다. 저영향개발은 자연의 침투, 증발산, 여과 등의 자연기작을 모방하여 강우유출수를 침투 및 저류시키는 기법으로 물순환 체계를 회복시킬 수 있다. 저영향개발 기법의 하나인 벽면녹화는 건축물이나 기반 시설물의 벽면과 같은 인공지반에 기반을 조성하고 식물을 식재하는 시설로 짧은 시간에 녹지 면적을 만들 수 있다. 또한, 건축물로 인해 생겨난 수직적인 면을 녹지로 활용할 수 있어 도시에 매우 특화된 시설이다. 본 연구는 벽면녹화의 저영향개발 시설로서의 성능을 확인하기 위해 실내 실험을 진행하여 강우유출수 저감효과 및 지체시간 지연효과를 확인하였다. 강우유출수 저감효과는 유입량 대비 저류량을 기준으로 유출저감률을 산정하여 분석하였으며, 총 유출시간을 측정하여 지연효과를 판단하였다. 벽면녹화 현장실험 대상지는 경상남도 양산시 물금읍 부산대학교 양산캠퍼스에 위치한 한국 녹색인프라저영향개발센터이며, 실내에 플랜터형 벽면녹화 시스템을 적용하였다. 부산시 금정구 2012년~2021년의 강수량을 사용해 백분위수 강우사상을 기준으로 30, 50, 70mm/hr의 강우 시나리오를 선정하였다. 물순환 효과를 판단하기 위해 불투수면을 대조군으로 설정하여 불투수면의 유출이 종료되는 시점까지 지표면 유출을 모니터링 하였다. 그 결과, 30, 50, 70mm/hr 시나리오별 유출률은 91.76%, 92.18%, 94.54%로 불투수면과 대비하여 유출이 적게 발생하였으며 총 유출시간은 불투수면대비 47분, 88분, 58분 증가하여 지연효과가 있음을 확인하였다. 본 연구는 실험을 통해 벽면녹화의 수문학적 성능을 분석하고자 유출량 저감효과와 지연효과를 확인하였다. 추후 다양한 강우 시나리오와 제원에 따라 실험이 수행된다면 더 정확히 벽면녹화의 물순환 효과를 확인할 수 있을 것이다.

• Journal of Chest Surgery
• /
• v.38 no.2 s.247
• /
• pp.116-122
• /
• 2005

Background: Adverse effects of cardiopulmonary bypass can be avoided by 'Off-pump' coronary artery bypass (OPCAB) surgery. Recent studies have reported that OPCAB had the most beneficial impact on patients at highest risk by reducing bypass-related complications. The purpose of this study is to compare the outcome of OPCAB and conventional coronary artery bypass grafting (CCAB) in patients with poor left ventricular (LV) function. Material and Method: From March 1997 to February 2004, seventy five patients with left ventricular ejection fraction (LVEF) of $35\%$ or less underwent isolated coronary artery bypass grafting at our institute. Of these patients, 33 patients underwent OPCAB and 42 underwent CCAB. Preoperative risk factors, operative and postoperative outcomes, including LV functional change, were compared and analysed. Result: Patients undergoing CCAB were more likely to have unstable angina, three vessel disease and acute myocardial infarction among the preoperative factors. OPCAB group had significantly lower mean operation time, less numbers of total distal anastomoses per patient and less numbers of distal anastomoses per patient in the circumflex territory than the CCAB group. There was no difference between the groups in regard to in-hospital mortality $(OPCAB\; 9.1\%\;(n=3)\;Vs.\;CCAB\;9.5\%\;(n=4)),$ intubation time, the length of stay in intensive care unit and in hospital postoperatively. Postoperative complication occurred more in CCAB group but did not show statistical difference. On follow-up echocardiography, OPCAB group showed $9.1\%$ improvement in mean LVEF, 4.3 mm decrease in mean left ventricular end-diastolic dimension (LVEDD) and 4.2 mm decrease in mean left ventricular end-systolic dimension (LVESD). CCAB group showed $11.0\%$ improvement in mean LVEF, 5.1 mm decrease in mean LVEDD and 5.5 mm decrease in mean LVESD. But there was no statistically significant difference between the two groups. Conclusion: This study showed that LV function improves postoperatively in patients with severe ischemic LV dysfunction, but failed to show any difference in the degree of improvement between OPCAB and CCAB. In terms of operative mortality rate and LV functional recovery, the results of OPCAB were as good as those of CCAB in patients with poor LV function. But, OPCAB procedure was advantageous in shortening of operative time and in decrease of complications. We recommend OPCAB as the first surgical option for patients with severe LV dysfunction.